Lumax Industries consolidated net profit declines 41.42% in the March 2017 quarter

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Sales rise 19.98% to Rs 383.22 crore
Net profit of Lumax Industries declined 41.42% to Rs 7.10 crore in the quarter ended March 2017 as against Rs 12.12 crore during the previous quarter ended March 2016. Sales rose 19.98% to Rs 383.22 crore in the quarter ended March 2017 as against Rs 319.39 crore during the previous quarter ended March 2016.For the full year,net profit rose 6.13% to Rs 55.22 crore in the year ended March 2017 as against Rs 52.03 crore during the previous year ended March 2016. Sales rose 3.62% to Rs 1290.42 crore in the year ended March 2017 as against Rs 1245.28 crore during the previous year ended March 2016.
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First Published: May 15 2017 | 5:46 PM IST